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HPE-Juniper Merger Impeded by DOJ: What Should Investors Do?DOJ has put forward its case by stating that the HPE-Juniper merger would undermine the competitive fabric of the networking market by reducing the number of market players. At present ...
Here is a look at how Hewlett Packard Enterprise partners are bracing for changes in the wake of activist investor Elliott ...
Hewlett Packard Enterprise’s (NYSE:HPE) board of directors is expected to meet in the coming days to discuss a proposal from Elliott Investment Management to replace CEO Antonio Neri, according to ...
HPE’s board is expected to meet in coming days to discuss whether to replace CEO Antonio Neri, a Hewlett Packard lifer who has run the company since 2018, following a proposal from activist investor ...
Bloomberg reported on April 15 that Elliott Investment Management has built a $1.5 billion stake in HPE, and a source familiar with the move confirmed the investment to the Houston Business Journal.
The DOJ’s justification? A vague claim that HPE and Juniper’s union would “increase concentration in an already concentrated market.” This argument is both misleading and economically ...
Elliott Investment Management has acquired a $1.5 billion stake in HPE and wants to talk about increasing the company's value ...
In addition to the DOJ challenge, HPE also lowered its second quarter ... However, Morgan Stanley does believe the Juniper transaction will likely be approved. "We continue to believe that the ...
As standalone companies, HPE and Juniper compete in various equipment and networking markets serving a variety of customers. But the DOJ claims a consolidation problem in only one market ...
HPE) is confident it's on the right side of the argument when it faces the U.S. Department of Justice in court this summer over its proposed acquisition of Juniper Networks (NYSE:JNPR).
Shares of Hewlett Packard Enterprise jumped nearly 7% after Elliott Management took a more than $1.5 billion stake in the technology company, a person familiar with the matter told CNBC. The activist ...
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